Form 4: Leggett & Platt Executive Ryan Michael Kleiboeker Reports Stock Transactions

EVP-Chief Strategic Plan. Off. Ryan Michael Kleiboeker reports disposition of shares to cover tax obligations and discloses holdings through spouse's IRA and a retirement plan.

Summary

• Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt Inc., filed a Form 4 on February 27, 2025.
• The report details a transaction on February 26, 2025, where 994 shares of common stock were disposed of at a price of $9.41 per share to cover tax obligations.
• Following the transaction, Kleiboeker directly owns 57,166.4375 shares of Leggett & Platt Inc.
• Kleiboeker also indirectly owns 1,000 shares through his spouse's IRA and 851.985 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by an executive of Leggett & Platt, which is typical for publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it involves a relatively small number of shares disposed of by an executive.
• The filing provides transparency to stakeholders regarding insider transactions, which is a standard aspect of corporate governance.

Key Dates